Difference between IGST on International goods and IGST on domestic goods.

What is the difference between IGST on Imports and IGST on domestic goods?

Integrated Goods and Service Tax IGST is payable for each and every import transaction before taking delivery of imported goods. Whereas IGST is paid monthly along with returns of IGST against domestic movement of goods and services. (updating soon….)

Is BCD is added on the transaction value of the imported goods?

Experts opine that when paying IGST on imports, BCD should be added to the transaction value of the imported goods. Secondly, antidumping duties and safeguard duties are continued to be incorporated in total import duty payable also. As a criticism on introduction of GST, computation to derive transaction value may face issues. More clarity is required at the time of introduction of GST in practice.